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for more self-inflicted wounds, certainly not those coming from washington. >> analysts say failure to reach a deal with poison u.s. consumer spending. the fiscal cliff would trigger tax increases and government spending cuts in january, leaving far less money in the economy. the international monetary fund warrants of knock on effects for the global economy. -- warns of knock on effects for the global economy. the pressure is on in washington to agree on a plan. only then might the applause on wall street be a little more genuine. >> with the clock ticking ever more loudly in washington, let's bring in our correspondent. first off, are the prospects of an agreement as dim as we are hearing, or could there be a last-minute deal? then of course this could happen, but i think it is quite unlikely. there is an increased pessimism that a deal can be achieved in washington, d.c. from my perspective, i think washington moves too slowly. tax rates will go for all americans, and cuts will go into effect by the end of this year, and we will see no more unemployment benefits for about 2 milli
demonstrations tomorrow? we'll be talking with fox news middle east expert while ferris in washington institute fellow eric trager, and president obama back on the campaign trail continuing to successfully dress up his ultimatum on higher taxes as a republican decision rather than his own declaration. his staff organized a sit-down with a middle class family today in virginia claiming congress is to blame p they fail to yield to his ultimatum. why is the mainstream liberal media ignoring the reality it's the president's ultimatum driving us to the fiscal cliff? chris and senior writer for the weekly standard, steven hayes the guests here tonight. we begin with the dictator trying to maintain command of the country using chemical weapons as a deterrent. fox news chief washington correspondent james rosen has the latest for us in this report. >> a regime helicopter captured in the skies in syria in a video unloads something, most likely, a defensive flair to detour antirebel runners, but that epitomizes the fear of which the serian people now live. rebel forces taking the flight to the assad regi
and violence. in washington, the woman who will not be secretary of state. >> i withdrew my name because i think it's the right thing for the country, and i think it's the right thing for the president. gwen: how politics derailed u.n. ambassador susan rice, even as at least one critical foreign policy matter heats up, syria. >> i think the regime in damascus is approaching collapse. gwen: on the domestic front, the slow march towards the fiscal cliff continues. >> i'm pretty confident that republicans would not hold middle class taxes hostage. >> it's clear the president is just not serious about cutting spending. >> covering the week, reid wilson of "the hotline," david sanger of "the new york times," martha raddatz of abc news, and john dickerson of "slate" magazine and cbs news. >> award-winning reporting and analysis, covering history as it happens. live from our nation's capital, this is "washington week" with gwen ifill, produced in association with "national journal." corporate funding for "washington week" is provided by -- >> we know why we're here. to chart a greener path in the
to the president about it. congresswoman kathy mcmorris rogers of washington state is the party's conference chair in the house. >> we're going to either succeed together or we're going to fail together. the president is calling for higher taxes as well as more spending. he's calling for another stimulus. at a time when we need tax reform. we need to be looking at... and the republicans have put forward tax reform that includes closing the loopholes, eliminating some of those tax credits, that will actually impact the wealthiest. >> reporter: some republicans said the boehner plan goes too far in taxing the well-off. south carolina senator jim demint, a staunch fiscal conservative, blasted the plan on twitter today. he said speaker boehner's offer of an $800 billion tax hike will destroy jobs and allow politicians in washington to spend even more. but the senate's democratic majority leader harry reid warned republicans against listening to such voices. >> you can't let these negotiations be dictated by the tea party. our guiding principle should be the views of the vast majority of the american p
has the latest on washington's impasse on taxes and spending. >> ifill: then we examine nato's decision to send patriot anti- missile systems to turkey, as fears grow that syrian chemical weapons could cross the border. >> woodruff: jeffrey brown talks to mcclatchy newspapers' egypt correspondent nancy youssef about the massive antigovernment protests in cairo today. >> ifill: we continue our series of conversations about the fiscal cliff. tonight we hear from economist paul krugman. >> i don't think there's going to be much of a deal. i think there's going to be a kind of... there will be an outcome. >> woodruff: from haiti, fred de sam lazaro reports on the efforts to stem a deadly cholera epidemic that began after the 2010 earthquake. >> ifill: and ray suarez talks to author and journalist tom ricks about what he describes as the decline of american military leadership. >> today nobody gets credit for anything and mediocrity is accepted as a core value in the performance of generals. >> ifill: that's all ahead on tonight's newshour. major funding for the pbs newshour has b
by today's talk in washington democrats and republicans are hardly any closer to finding a solution. here's anna werner. >> reporter: a week closer to the december 31st deadline, treasury secretary timothy geithner told bob schieffer any potential deal will have to include a tax hike on the upper 2% of income earners. >> there is no way to raise a meaningful amount of revenue relative to the size of our fiscal challenge by just limiting the value of deductions for the wealthiest americans. >> reporter: he said the biggest obstacle is republicans who refuse to acknowledge that fact. >> there's nothing that stands in the way of that agreement. except for the potential risk that a group of republicans decide, they hold up an agreement because they want to extend tax cuts for the wealthiest that we can't afford. >> reporter: on fox news 2 sunday speaker john boehner was not optimistic. >> i would say we're nowhere. period. we're nowhere. >> reporter: earlier this week house gop members rejected a proposal from the white house that included tax hikes, spending cuts and $50 billion in new stimu
washington. it's thursday, december 13, 2012. this is "the daily rundown," i'm chuck todd. the only reason we can't saturday fiscal cliff negotiations have fallen apart is that the two sides are still talking. but things are bad, make no mistake. and neither side is optimistic that anything can get done at all. with congress and the president careening to the edge of the cliff, the public is ignoring party lines and demanding an end to this mess. 70% of democrats, 59% of republicans want their own party's leaders to come to an agreement, even if it means not sticking to long-held positions on taxes and entitlements and yet despite those demand, the country is evenly divided on whether they think a consensus can be worked out here in washington, whether they believe obama and boehner can strike a deal. interestingly folks that are paying more attention to the fiscal cliff story are more pessimistic. it's the folks paying less attention that are more optimistic. judging by what we're hearing from negotiators, the public clearly knows something is up in the bad way. >> i remain the most optimist
. >> it's over. she's feeling better. in washington state at midnight when the clock struck midnight, pot became legal. depending on who you ask. but they voted and pot is legal and gay marriage is legal in washington state. gay couples lined up and at midnight, they had several ceremonies and several gay couples were married. one of them was dan savage, sex columnist, very well-known. >> bill: no kidding. >> he married his long-time partner, terry in washington. if you're in washington state, i would suggest you get high and then go get married because you're going to need it if you're planning on getting married. welcome to the club. for those of you getting married. >> bill: congratulations again to the voters of washington state for doing the right thing there and to the voters of washington state and colorado for doing the right thing when it comes to marijuana. but i would say on disappointing news to me is that the justice department yesterday announced that they want everybody to know that pot is still an ille
. >> reporter: at another local restaurant, the owner has seen enough of washington gridlock. >> i wish those lawmakers would get their [ bleep ] together and get it done and try to help everybody. it would be good if they could do it before the holidays are over. >> reporter: craig, as someone who spent some time in river city here in washington, i wanted to show you this. these are the inaugural stands right on pennsylvania avenue, right in front of the white house. i'm looking at them and listening to them right now. they've been going up pretty steadily. these guys work around the clock. january 21st, the president is going to be marching past the white house to live here for another four years. now, about the fiscal cliff, john boehner's in town. that's relatively rare for him to stay in town on the weekend. the president was here, but there were meetings yesterday. nancy pelosi came in and out. no one saw her. we thought reading the tea leaves maybe there would be some movement. there was some movement. the president is playing golf. haven't seen hide nor hair of john boehner. >> mike v
such a terrible idea to him. that's exactly what the people -- has people in washington so worried tonight. "the fox report" correspondent jonathan hunt son set tonight. do we know exactly where the united states is getting the intelligence information on these supposed chemical weapons? >> in a word, shep, no, because on the grounds that they don't want to compromise their intelligence sources u.s. officials aren't telling us. but those questions are being asked, particularly given the experiences we had with intelligence in the run-up to the iraq war in 2003. if we don't have our own resources on the ground from whom we are we getting this word that these chemical weapons are be prepared and how reliable are those sources? defense secretary leon panetta would not be drawn on that earlier today. listen. >> without commenting on the specific intelligence that we have with regard to these chemical weapons, i think there is no question that we remain very concerned. the intelligent that we have raises serious concerns that this is being considered. >> certainly the alarm is nothing surrounded this
roberts. good night from washington. charles and i are going to watch the new star trek trailer right now online. >> shepard: this is "the fox report." the supreme court is about to take up gay marriage and one decision could potentially effect every state in the union. more unrest in a critical middle east nation as protesters march on othe palace in egypt and call for the president to resign. thousands of protesters calling for the egyptian leader to get out of office. that president's supporters making new promises of revenge. tonight, the fight outside the presidential palace. and the future of an entire nation in the balance. two radio dj's recently called british hospital and impersonated the queen to ask about kate middleton's pregnancy and for a nurse that answered the phone the shame may have been too much. >> it's with complete sadness that i can confirm the tragic death of a member of our nursing staff. >> tonight the prank call with the deadly fallout. >> plus, escalator fallout at the mall. >> not sure how many people were on the escalator. >> sent holiday shoppers to the hos
, but they love fun. zoraida, thank. >>> kind of a big old pot party in washington state now. take a look at. >> two, one! >> that's because at midnight, possession of up to an ounce of marijuana for personal uses is legal thanks to a landmark ballot initiative that passed last month and took effect at midnight. to celebrate, pot smokers have been lighting up in the shadow of seattle's iconic space needle. cnn's miguel marquez is in seattle for us this morning. morning. >> reporter: good morning there. this was only one of many parties across the state with people just taking the first step as this new law is implemented. ♪ >> reporter: the moment recreational pot, anything less than an ounce, no longer illegal in washington state. >> it's amazing. i'm not a criminal anymore. i can't go to jail for small amounts of marijuana. you know, it's -- i'm free to be free. >> reporter: several dozen hard-core smokers showed up here to the base of the space needle, the symbol of the city and of the state to light up at the stroke of midnight. and while the new law does not allow smoking in public pl
a year. a u.s. senator, scott, makes $174,000. an pelley: nancy, thank you. washington state's new marijuana law went into effect today, make together first state to legalize the drug for recreational use itt people 21 or older. john blackstone tells us those that are supposed to enforce law are a little foggy on the details. >> reporter: at seattle police headquarters, jonah spangenthal lee was given the task of explaining the state state's new marijuana law on an online guide. what do you call it? e. mari-what-now? the guide to legal pot use in x.attle. >> reporter: a lot of people are tying, that. it will take a year for the state to write regulations for selling marijuana illegally. for now, that leaves some confusion gaffes. tir example, it's still illegal let moke pot publicly, but last night people did. let me get this straight-- you can possess it, you can buy it, but nobody is allowed to sell t. s> that's correct. alreporter: and nobody is allowed to grow it right now, either. >> that's correct as well. >> reporter: so how do you get legal pot? >> i couldn't tell you. >> r
lawsuits. >> joey, thank you so much. >> on the case here. >> pleasure, brooke. >> now to washington and wolf blitzer and "the situation room." wolf. >> >>> brooke, thanks very much. happening now, we're hearing from members of a virginia family that play host to a very unusual house guest today, the president of the united states. a hero of the tea party movement shocks washington by announcing he's about to leave the united states senate. senator jim demint joins us live this hour. we'll talk about his decision and new job. and syria's civil war is in a very dangerous perhaps decisive tipping point right now. can the world prevent bashar al assad from using chemical weapons against his own people? i'm wolf blitzer. you're in "the situation room." >>> we begin with president obama taking his battle to extend tax cuts for the middle class into the heart of the middle class suburb today. he visited a family just outside washington, d.c., using their story to dramatize what will happen in just 26 days if he and congress can't make a deal on the so-called fiscal cliff. a source of great
control -- envoy for middle east affairs says the rebels are gaining control. washington congratulated the kremlin for waking up to reality. >> the aftermath of a bombing in a damascus suburb. syrian official media said a car packed with explosives blew up near a school in this district to the southwest of the total, and that at least half of the casualties were women and children. "we were going to school when the explosion took place. i do not know anything about my parents. they may have died." this man says the victims were all students, or going to their places of work. after the explosion, the ground was full of bodies. the state news agency has blamed the violence on terrorists, its name for the rebels intensifying attacks on the government. this was the latest in a string of bombings in and around damascus. for the first time, russia has acknowledged the possibility of the rebels winning the civil war in syria. the assad regime was losing control of more and more territory, an opposition victory could not be ruled out. it is unclear whether this means there will be a u-turn in
of the program on arab politics at the washington institute for near east policy a "american bandstand" group of scholars whose mission is to advance america's interests overseas. how big a move is this movement of chemical weapons? what does it tell us in the big picture? >>guest: it is very significant. it highlights the desperation of assad regime, the fact he is mixing the recursors of sarin gas, that is a scare tactic for us to keep us out of it, and, also, warning the people of syria he could be prepared to use these if he is brought down. >>shepard: based on what the united states has said and not said or done, what is the united states goal? >>guest: the united states does not want to be involved militarily. 40,000 dead on the ground that we know and another 40,000 missing and likely resumed dead, we don't want to get involved militarily or set up a in fly zone. we have left saudis to arm the rebels in turkey but the result of that is mostly islamists have been getting the weapons in syria. we want this to end quickly and we would like russia to offer an escape package for bashar al-a
to fly back to washington in the next few urs to tr to scrape out a fiscal cliff deal but hope is fading fast. if that weren't bad enough, the treasury now says the u.s. will hit the debt ceiling on new year's eve. will this be a game-changer for reaching a deal? >>> plus as if the fiscal cliff wasn't bad enough, now critical ports across the u.s. could be brought to a standstill starting this weekend. we'll explain how a looming union worker strike could sink businesses across the united states. >>> the major sports leagues do a touchdown dance after a federal judge's ruling. their lawsuit to spike sports gambling in new jersey get as crucial green light but new jersey isn't taking it sitting down. details how that state is fighting back and preparing to give vegas a run for its money. even when they say it's not, it's always about money adam: thank you for joining us. we want to look first at the day's market headlines. stocks slid for the 30 straight session. mediocre holiday seas and deadlock over fiscal cliff gave investors little to get excited about. the dow fell 24 points. the so
in washington? we heard from the president, just a short time ago. our chief white house correspondent jessica yellin joins me now, jessica, the president spoke out, sat down in an interview with bloomberg tv, and in listening to the interview, did you hear any clues toward a possible compromise here? >> reporter: not new clues, brooke. the president laid down the marker that we heard from the white house consistently, which is they aren't moving until they hear the republicans agree to raise tax rates on the wealthiest. listen to what the president had to say. >> i think that, you know, we have the potential of getting a deal done, but it is going to require what i talked about during the campaign, which is a balanced responsible approach to deficit reduction that can help give businesses certainty and make sure the country grows. and unfortunately the speaker's proposal right now is still out of balance. he talks, for example, about $800 billion worth of revenues, but he says he's going to do that by lowering rates. when you look at math, it doesn't work. >> reporter: so unbalanced approach
to wrap a. >> my name is -- [inaudible] -- washington d.c. what's missing on discussions is the fact that islamists have nothing to offer except for sharia law and muslims are fed up with the sharia law. the other point is there's a new new generation of arabs that face the people. i wrote an article about this, who are very different than their fathers and grandfathers. which we should be focusing on. >> can make it to a question? >> -- something we should be focusing on. our democracy by islamist ideology. what shall we do about the threat to democracy the case arabs are going to sort their problems out. this is the first time they're focusing on their own homegrown problems gloominess and israelis and other people. what should we do about the ideology that is focusing on destruction of democracies? >> would anybody like to take out one? >> it begins by recognizing what it is. a couple of years ago before these tahrir square movement, there is a prominent article about my son brother had. the term moderate is a separate term because to us it means someone like ice. but in reality,
changed, and it's given them more space. >> here's washington at work. >> washington at its best. >> somehow we found ourselves listening to harry reid. >> yeah. >> on the senate floor. >> mm-hmm. >> comparing the republican party to the new york jets. >> what? >> it's not one of my favorite teams, but it's really, really fun to watch. and that's the new york jets. coach ryan, he's got a problem. he has three quarterbacks. sanchez. he's got tim tebow. he's got a guy like mcelroy. he can't decide who their quarterback is going to be. that's the same problem the republicans are having. romney's gone, but he's still in the background. we have mcconnell, and we have boehner. who is the quarterback, mr. president? who is the quarterback? >> richard haass, a quizical look on your face. >> normally when you play football, you don't decide the other team's quarterback. >> right. >> that's usually for the coach to decide. so why is harry reid worried about who's the quarterback on the other team, and why is he even using this metaphor to begin with? >> it's painful. stop it right now. >>
avila, abc news, washington. >> you have to feel for her, too. here's the problem in a nutshell. unlike traditional mortgage. make your payments. equity. a reverse mortgage pays out equity in your home as cash. increases your debt and decreases your equity. that's the problem in a nutshell. that's how the woman got into the situation she did. it sounds good, but like with everything, there is a downside. commercials don't tell you about that. >> h.u.d., discussing two ways to address the problem. unfortunate to see people like that that may not have had all information had it and didn't look at it lose their beloved home. >> gamble with your biggest asset. that's the tough part. we will be back right after this. >> announcer: "world news now" >>> well, there are very few people in music that truly can be called living legend. if anybody embodies that title it has got to be loretta lynn. >> from a coal miner's daughter in butcher holler, kentucky to superstar at age 80. believe it or not she is on tour yet again. here is abc's sharyn alfonsi. ♪ ♪ if that ain't love tell me what isn't
, your emails, phone calls, and tweets. "washington journal," live saturday at 7:00 a.m. eastern on c-span. tonight, and look at the white house and congress and how they are addressing the so-called fiscal cliff. first, president obama speaks in pennsylvania, followed by john boehner responded to the president from capitol hill. then eric cantor response of the lighthouse deficit reduction package. later, nancy pelosi addresses the fiscal cliff and middle- class tax cuts. president obama talked about the so-called fiscal cliff and his proposal to end of the bush tax cuts on those earning more than two and a $50,000. ed -- more than $250,000. ["hail to the chief" plays] please have a seat. have a seat. relax for a second. it is good to see all of you. hello. it is good to be back in pennsylvania. it is good to be right here. i want to thank michael, robert, and the investor, joel glickman for hosting me today and giving me a great tour. stand up so everybody can see you, guys. [cheers and applause] there you go. we have a couple of outstanding members of congress here. [cheers and app
. and preparation now of weapons like sarin gas. more on that coming up in just a bit. >>> also from washington right now, fox news has confirmed that the fbi is today investigating who hacked into the computers of our retired admiral mike mullen and read his e-mails. this guy's the former chairman of the joint chiefs. and they're in his personal computer. the bureau discovered that someone had read the e-mails of the former chairman of the joint chiefs back in october of this year, and we are told that all the clues point to someone in china. john lucas is an internet security expert and the international president of high-tech crime experts. did i get your last anytime right? >> close. megyn: thanks for the clarification. now, he's on his personal computer, but he's on government sort of property doing work for the government on his personal computer, and he's talking to people who still have all the clearances and so on, and why do we believe it was the chinese? >> well, what happens is when the fbi or anybody gets involved and started tracking this back, we're going to trace the ip addresse
of mourning played out once again today in newtown, connecticut. while in washington, president obama walked into the white house briefing room named for james brady-- the press secretary critically wounded in the shooting of president reagan in 1981-- to talk abt g violence. >> the fact fact that this pros complex can no longer be an excuse for doing nothing. >> ifill: instead, in the wake of the massacre at sandy hook elementary school, mr. obama said, "this time, the words need to lead to action" on gun violence. >> the vast majority of responsible law abiding gun owners would be some of the first to say that we should be able to keep an irresponsible law breaking few from buying a weapon of war. i'm willing to bet that they don't think that using a gun and using common sense are incompatible ideas. there is a big chunk of space between what the 2nd amendment means and having no rules at all. >> reporter: to that end, the president announced vice president biden and an administration team will craft recommendations on everything from gun laws to mental health, to be sent to congress by
as well 37 in washington today secretary of state hillary clinton was guarded as she discussed the rebel's recent successes. >> opposition in syria is now caping of holding ground, and they are better equipped and more able to bring the fight to the government forces. i don't know that you can say that for the entire country it is yet at a tipping point but it certainly seems that the regime will be much harder pressed in the next months. >> eliot: in cairo protesters continue to press the regime of president mohammed morsi to relinquish the new powers he announced for himself this week. some protesters also object to the new draft egyptian constitution, which was finished friday and sent to morsi for review. meanwhile in israel you prime prime minister benjamin netanyahu government has announced plans to build housing that would physically link jerusalem with major west bank settlement. it is called counterproductive to the goals resuming direct negotiations between israel and the palestinians and achieving the two-state peace settlement that has been the u.s. diplomat i can goal for de
in washington seem to think we are there. we have just four more weekends to go before america goes over the most talked about piece ovate i of real estn the world, the fiscal cliff. ed henry tells us not everyone is pessimistic. >> reporter: literally snapping his fingers, vice president joe biden today suggested it will be easy to finish a deal with congress to avoid the fiscal cliff. >> it would take 15 minutes from the time the decision is made by the speaker of the house to pass and make permanent middle class tax cut. the president would probably have me sprint up to the hill to bring the bill down for him to sign. it can be done like that. it is not complicated. >> greg: speaker bane -- >> reporter: speaker john boehner not so optimistic. >> this is not a progress report, there is no progression to report. report. >> reporter: he blasted for not offering a counterproposal to his plan and they seemed more than ever going to stop the tax increase. economy shrugged off hurricane sandy to create 146,000 new jobs, nearly double what forecasters had said, job creation for september and
service in washington on friday. >>> in new orleans, a federal judge has given final approval to bp settlement with gulf coast businesses and residents. bp will pay at least $7.8 billion in compensation to settle claims from the deep water horizon disaster in 2010. there is no cap on the settlement except for those claims from those in the sea food industry, so, the final bill could still be much higher. thousands of people made claims from texas to florida. >>> moving overseas to a deadly cold snap in the ukraine. hundreds more have been treated for hypothermia and frost bite. the government has set up thousands of heating centers to help people deal with the extreme cold. the temperatures there have dropped down to just one degree fahrenheit, far below the average for this time of the year. >>> well, this morning it looks like a major u.s. ally will have a new constitution, but theare still a whole lot of questions about egypt's democratic future. the draft charter has been approved by a majority of voters in a referendum. official results are expected later on. two rounds of voti
things done in washington than playing politics. i think to recognize there's been real progress made, right the border is safer today, the immigration system is better, the two parties worked together to do that over the last few years. there are still some meaningful things that need to get done. the d.r.e.a.m. act, we have to fix the low-end and high-end visa system. the mexicans are going to do a whole boar border system. i think there will be a lot of room to work together next year to get something meaningful done. if the republicans are earnest and play it straight i think they'll get a lot of credit for working with the democrats to fix the broken immigration system and making it better. jon: getting something meaningful done, it seems like a longtime since that's happened in washington. we'll look forward to it. simon rosenberg. kate obenshane thank you much. jenna: the nato alliance warning the assad regime in syria against using chemical weapons against his own people. this is an attempt to for once and for all crush the 21-month rebellion there. nato is considering a turki
to a whole new level late last night. chief washington correspondent at the state department this morning. what do we know today, james. >> reporter: bill and martha good morning to you. u.s. officials confirm to the fox news pentagon team late last night that the sarin gas in possession of the syrian government has been mixed and is ready for use against the syrian people should the bashar al-assad regime take that deadly des*eufplgt desession. the rebel forces say they have surrounded an air base and they are engaging troops on the road to the damascus airport. the gas is deliverable in several ways but officials here believe it has been placed in fracturable canisters, the kind that can be dropped by planes. here is greta van su van sus string. >> surb sha needs to stanrussia needs to stand up and hopefully they will. some of the arab countries are trying foe find a which to get him out. >> reporter: at this time no u.s. naval assets have been tasked to help with the crisis. the eisenhower andee wha are headed home. bill: there are reports that bashar al-assad will try to seek asylum i
on that as that story develops. back to washington d.c. now and the back and forth over the budget crisis there taking place behind closed doors right now on capitol hill. you have negotiators from both sides trying to hammer out a deal over tax hikes and spending cuts as the clock particulars towards that fiscal cliff deadline on january 11. mike emanuel is live. we are still getting hard lines from either side about where they stand on this. what is really happening behind the closed doors? are they closer to a dole? >> reporter: jenna you're right about a lot of tough talk in public, but behind closed doors we know the president, the speaker of the house john boehner had a phone call late yesterday, the first call they had in a week. there has not been much in the way of leaks as to what was discussed. most folks on capitol hill may suggest that no leaks means they are getting down to serious movement on finding a compromise to avert the fiscal cliff. because in public the treasury secretary was asked yesterday if the administration is prepared to go over the fiscal cliff. check this out. >> is the
. good to see you. let's bring in lori montgomery for "the washington post," democratic strategy blake zeff. we decided to focus on this today. lori, let me start with you. both house leaders today, it really seems as if talks are -- it seems they're at a standstill, but our first read team is convinced a deal is in sight. we heard from debbie wasserman schultz she heard a deal is in sight. what are you hearing? >> you can see what the framework of a deal is, and i think today you heard speaker boehner. his office tried to walk it back, but for the first time he made public remarks where he didn't rule out an increase in tax rates. you have to wonder if they don't start to move towards a resolution it to what has been the big stumbling point. >> zachary, she mentioned an increase in rates. it would seem that the magic number might be 37%. the president said 39.5% for the highest income earners. right now we're at 35%. maybe i'm oversimplifying, but the obvious compromise would be right smack in the middle. no? >> we'll take a finger in the wind. this is where people don't like to see t
're thinking washington would not be so stupid as to let this fall through, go off the fiscal cliff. bottom line we expect the speaker to hammer away on too much spending. washington has a spending problem, a familiar theme in all these talks, jenna. jenna: we'll take the viewers back there when bain starts to speak. mike, thank you. >> reporter: thank you. jon: wouldn't it be nice if he could talk about some progress. joining us with more on this, kimberly strassel, a columnist for "the wall street journal" as michael lewded to, they have about what, 72 hours really to get something concrete done here? >> that's right. when you think about this, everyone talks about the january 1st deadline but reality is most people are looking at next friday as the real deadline. they're assuming that that is when the markets consider there to be a deadline. if something isn't done by then maybe panic ensues. so when you work back from that you have to leave at least a week for the republicans to put something up in the house, give those requisite three days for members to read it, for the public to see
as the "wall street journal" nbc poll. let's go to washington to the senior congressional correspondent. dana, you talked to the two men who spent their careers in congress making deals like this. how do they pull it off? >> it was a fascinating conversation. the two men you are talking are about two former senate majority leaders. a republican and a democrat. trent lott and tom daschle. they worked on opposite sides for almost a decade. that is the question i asked. it wasn't always pretty, but how did you come up with deals when you had touch negotiations like what's going on right now. the answer was simple. talk to each other. >> i do think that they reached a point where they need to quit talking through the media. i'm talking about both parties and the leaders in congress. some of the most effective wi timth theresint or at dn least with the chief of staff and the director with our key budget people and we really talk about alternatives and hammered it out. >> this will be the test. if we reset it has to happen around the fiscal cliff first. there a lot of other issues out there that co
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